North Carolina § 156-100 - 3. Sinking fund.
Full text of North Carolina North Carolina General Statutes § 156-100 — 3. Sinking fund., with citation guidance and answers to common questions.
§ 156-100. 3. Sinking fund.
The commissioners of the drainage district may establish a sinking fund to be used to pay bonds and notes issued by the district. The terms and conditions by which the said sinking fund is established shall be approved by the clerk of the superior court who has jurisdiction of said district. History (1963, c. 767, s. 10.)
Frequently Asked Questions About North Carolina § 156-100
What does North Carolina General Statutes § 156-100 cover?
Section 156-100 ("3. Sinking fund.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 156-100?
A common citation format is "North Carolina General Statutes § 156-100" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 156-100 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.